Baird analyst Jonathan Komp lowered the firm’s price target on VF Corp. to $30 from $34 and keeps a Neutral rating on the shares. The analyst lowered his target to reflect near-term balance sheet concerns following its earnings report.
Published first on TheFly
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- VF Corp. price target raised to $31 from $28 at Barclays
- VF Corp. price target lowered to $33 from $35 at Deutsche Bank
- VF Corp. expects Vans to be down high single digit percentage range in FY23
- VF Corp. sees $225M of annualized savings in fiscal 2024
- VF commencing strategic alternatives for Global Packs business